Stock Report

Styrenix Performance Materials Ltd Q4 FY23 net profit increases QoQ to Rs. 42.43 crores



Posted On : 2023-05-27 00:29:18( TIMEZONE : IST )

Styrenix Performance Materials Ltd Q4 FY23 net profit increases QoQ to Rs. 42.43 crores

INEOS Styrolution India Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 618.2581 crores during the period ended March 31, 2023 as compared to Rs. 559.6405 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 42.4369 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 30.1863 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 24.13 for the period ended March 31, 2023 as compared to Rs. 17.17 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹618.2581 crs ₹559.6405 crs Up Tick / Down Tick10.47%
Net Profit ₹42.4369 crs ₹30.1863 crs Up Tick / Down Tick40.58%
EPS ₹24.13 ₹17.17 Up Tick / Down Tick40.54%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.618.2581 crores during the period ended March 31, 2023 as compared to Rs.624.8311 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.42.4369 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.99.0618 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.24.13 for the period ended March 31, 2023 as compared to Rs.56.33 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹618.2581 crs ₹624.8311 crs Up Tick / Down Tick-1.05%
Net Profit ₹42.4369 crs ₹99.0618 crs Up Tick / Down Tick-57.16%
EPS ₹24.13 ₹56.33 Up Tick / Down Tick-57.16%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2387.3695 crores during the Financial Year ended March 31, 2023 as compared to Rs.2192.8945 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.183.0120 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.322.5434 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.104.07 for the Financial Year ended March 31, 2023 as compared to Rs.183.41 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹2387.3695 crs ₹2192.8945 crs Up Tick / Down Tick8.87%
Net Profit ₹183.0120 crs ₹322.5434 crs Up Tick / Down Tick-43.26%
EPS ₹104.07 ₹183.41 Up Tick / Down Tick-43.26%

Shares of INEOS Styrolution India Limited was last trading in BSE at Rs. 854.25 as compared to the previous close of Rs. 874.25. The total number of shares traded during the day was 3077 in over 387 trades.

The stock hit an intraday high of Rs. 882.00 and intraday low of 850.00. The net turnover during the day was Rs. 2662044.00.

Source : Equity Bulls

Keywords

StyrenixPerformanceMaterials Q4FY23 FY2023 ResultUpdate